The Hershey Company (HSY)
Market Cap | 30.93B |
Revenue (ttm) | 10.97B |
Net Income (ttm) | 1.77B |
Shares Out | 202.35M |
EPS (ttm) | 8.70 |
PE Ratio | 17.58 |
Forward PE | 19.32 |
Dividend | $5.48 (3.59%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 1,535,956 |
Open | 153.47 |
Previous Close | 154.02 |
Day's Range | 152.12 - 155.22 |
52-Week Range | 150.31 - 211.92 |
Beta | 0.37 |
Analysts | Sell |
Price Target | 177.45 (+16.08%) |
Earnings Date | Feb 6, 2025 |
About HSY
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack item... [Read more]
Financial Performance
In 2023, Hershey's revenue was $11.16 billion, an increase of 7.16% compared to the previous year's $10.42 billion. Earnings were $1.86 billion, an increase of 13.19%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for HSY stock is "Sell." The 12-month stock price forecast is $177.45, which is an increase of 16.08% from the latest price.
News
Hershey Announces Appointments of New Presidents of Confection and Salty Divisions
Andrew Archambault Named President of U.S. Confection Veronica Villasenor Named President of Salty Snacks HERSHEY, Pa. , Jan. 13, 2025 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced t...
How I Would Invest Today Half A Million To Live Off Dividends
I aim to create a $500,000 portfolio for passive income, focusing on high-yield and growth companies to outpace inflation. My portfolio includes 10 companies: 70% stable high-yielders like Pepsi, BTI,...
Why Wall Street Has Been Too Bearish On Hershey
Why Wall Street Has Been Too Bearish On Hershey
Hershey Announces CEO Succession Plan
HERSHEY, Pa. , Jan. 10, 2025 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Michele Buck, Chairman of the Board of Directors, President and Chief Executive Officer, has informed ...
Why Owning Mondelez Stock Makes Sense As A Hershey Shareholder
The S&P 500's high P/E ratio suggests caution, but there are nonetheless surprisingly good deals in high-quality companies available. Since I own The Hershey Company, I thought long and hard about add...
Hershey to Webcast Fourth-Quarter Conference Call
HERSHEY, Pa. , Jan. 9, 2025 /PRNewswire/ -- The Hershey Company (NYSE: HSY) announced today that it will release its fourth-quarter sales and earnings results on Thursday, February 6, 2025, and hold a...
Hershey: A Buy For Now, But Proceed With Care
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs, affecting margins and growth outlook. Despite these headwinds, Hershey's strong financ...
Hershey: Forget The Takeover And Focus On What Matters
Hershey: Forget The Takeover And Focus On What Matters
4-Factor Dividend Growth Strategy - Cold Winter Air Creeps Into The Portfolio
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio is experiencing its worst star...
My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is...
Merry Christmas! Santa Claus Has Put 3 Excellent Dividend Companies Under The Tree
U.S. big tech companies may face a stall in 2025 due to overvaluation, a strong dollar, and weak overseas economies. Consumer staples like Mondelez, Hershey, and Pepsi offer stability, recession-proof...
I see 'no downside' for Hershey as they await turnaround, says MAI Capital's Chris Grisanti
Chris Grisanti, MAI Capital Management chief equity strategist, joins CNBC's 'Power Lunch' to discuss why there is potential upside for Hershey ahead, how an incoming Trump administration may impact t...
Hershey's Main Owner Said to Reject Mondelez Offer
The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said. Liana Baker has more on Bloomberg Tel...
Traders sour on Hershey as Mondelēz appears cool to potential merger
Hershey (HSY) shares fell Wednesday as traders absorbed news that the candy giant might be less likely to merge with Mondelēz than first thought.
Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports
Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Hershey Stock Falls. Mondelez Hints Deal for Chocolate Maker Doesn't Fit Its Strategy.
A report earlier this week said Mondelez had made a preliminary merger approach to the U.S. chocolate maker.
Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey
Cadbury-owner Mondelez said on Wednesday it would focus on "bolt-on" deals as it announced an up to $9 billion share buyback program.
Hershey's U.S. Confection President Leaving After Three Months on Job
Hershey said Del Pozzo will depart this week, with President and CEO Michele Buck assuming oversight of the business while the Hershey, Pa., company works to identify a successor.
Michele Buck to Assume Leadership of U.S. Confection Business on Interim Basis Upon Departure of Michael Del Pozzo
HERSHEY, Pa. , Dec. 10, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Michael Del Pozzo, President, U.S. Confection, is departing the company effective December 12, 2024.
Hershey Shareholders Shouldn't Count on a Mondelez Jackpot
Hershey has rejected Mondelez before, and a deal would make even less sense now.
S&P 500 Gains and Losses Today: Hershey Stock Simmers as Mondelez Weighs Takeover
Major U.S. equities indexes moved lower at the onset of a new trading week that will see the release of several key economic data points. In particular, Wednesday's Consumer Price Index (CPI) report c...
This merger would create the world's largest candy company
Oreo-maker Mondelez is reportedly exploring a major acquisition.
Stock Market Today: Markets Reflect Global Uncertainty
Exuberance fades as investors confront micro challenges and a murkier macro environment.
Mondelez is reportedly exploring buying Hershey. Ozempic and other factors could help justify a sale, analyst says.
Shares of chocolate maker Hershey Co. on Monday were on track for their biggest percentage gain since 2016, after Bloomberg reported that Oreo maker Mondelez International Inc. was exploring a possibl...
Reports of a Takeover Send Hershey Stock Soaring
Hershey (HSY) shares climbed Monday on news that snack-food giant Mondelez International (MDLZ), is looking at acquiring the U.S.-based chocolate company.